Have you started that business and want to grow it big? Use the tips below and see the results in the nearest future. 1. Organization:
Organization will help you complete tasks and stay on top of things to be done
3/9 and what potential challenges you could be facing. This gives leverage on time to create strategies to overcome those challenges.
3. Understand Your Competition:
Competition breeds the best results. To be successful, be ready to study and learn from your competitors
4/9 and implement lessons learnt.
4. Understand the Risks and Rewards
Taking calculated risks helps your business grow. A good question to ask is "What's the downside?". This knowledge will allow you to take the kinds of calculated risks that can generate tremendous rewards.
5/9 5. Creativity:
Always look for ways to improve your business and to make it stand out from the competition. Recognize that you don't know everything and be open to new ideas and new approaches to your business.
2/9 (Plan). A to-do list each day ensure that you're on track with all the tasks that are essential to the survival of your business.
2. Good Records keeping:
All successful businesses keep detailed records. Records keeping, helps to determine the business stands financially
6/9 6.Focus:
It takes time to let people know who you are, so stay focused on achieving your short-term goals. 7. Sacrifice:
Success level recorded in any business is affected by the sacrifices made. Sacrifice of time, pleasure money and others.
7/9 This is also a measure of your faith in the business success. 8. Exceptional Service/Products:
There are many successful businesses that forget that providing great customer service is important. If you provide better service for your customers, they'll be more inclined
8/9 to come to you the next time they need something instead of going to your competition. 9. Consistency:
Consistency is a key component to making money in business. You have to consistently keep doing what is necessary to be successful day in and day out.
9/9 This will create long-term positive habits that will help you make money in the long run. #TipTuesday#MorningRush#YPF
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DO YOU KNOW THESE FORMS OF CAPITAL?
SOCIAL CAPITAL
Influence and connections are social capital. A person or entity who has ‘good social capital’ can ask favors, influence decisions, and communicate efficiently.
Social capital is of primary importance in politics, business, and community organizing
FINANCIAL CAPITAL
Financial capital: Money, currencies, securities and other instruments of the global financial system. It is our primary tool for exchanging goods services with other humans
INTELLECTUAL CAPITAL
Intellectual capital is best described as a ‘knowledge’ asset. The majority of the current global education system is focused on imparting intellectual capital — whether or not it is the most useful form of capital for creating resilient and thriving
1/3 Note to all registered attendees for the YPF Skill Acquisition program 2.0 starting from Monday 10th to Saturday 15th September, 2018
1. All participants must come with an evidence of Registration either in hard or soft copies.
2/3 2.Participants are allowed to attend training classes for just one skill. 3. Lateness is strictly prohibited. All participants shall be at the training hall on or before 9am throughout the training period.
For so many Startups, the excuse for not actually starting a business or executing an idea is the capital to start with.
Some have had to quit an idea to pursue the needed cash but never came back to the idea. Only a few young minds could manage through.
2/4 Few sources below could help with that needed fund:
*Friends
*Family members
*Angel Investors
*Venture Capitalists
*Banks
*NGOs
3/4 The list above is actually supposed to help out with the needed resources but if none works out, use what you have to get what is needed not what is desired, but remember to always be godly.